Electricity exchange price

The exchange price of electricity is volatile and depends on things like maintenance and emergency work in power plants or on underwater cables, the transfer capacity between countries, the general economic climate, and the weather.

Eesti Energia's weighted average exchange prices

  24-hour rate Day price Night price
 
prices c/kWh
a sales margin is added to the prices

Exchange hourly rates

If a remotely read meter is installed at your place of consumption and the place of consumption is on remote reading and you have chosen the Exchange or Combined package with an hourly rate, your electricity bill depends on how much electricity you consume every hour and what the exchange price is during that hour. The hourly rates on the wholesale market are published on Nord Pool, the website of the power exchange of the Nordic countries » You can also view the hourly rates for the next day using the Eesti Energia mobile app.

NB! The common electricity market of the Nordic countries, Nord Pool, operates in the Central European Time (CET) zone, which is one hour behind the Estonian time. For accurate calculation of the electricity invoice, the hourly prices of Nord Pool must be moved one hour ahead so that these would respond to the electricity consumption effected in the Estonian time zone.

The amounts traded on the wholesale market are huge and so prices are given for megawatt hours (1 MWh = 1,000 kWh). An electricity wholesale price of 43 euros per megawatt hour is equal to 4.3 euro cents per kilowatt hour. Please remember that the wholesale price of electricity does not include VAT or consider a customer's electricity consumption.

The effect of the exchange price on your bill

  • If you have a standard single or dual tariff electricity meter installed and you have chosen our Exchange or Combined package, then your electricity price will depend on the weighted average exchange price.
  • If you have the Fixed Package, your electricity price per kWh is fixed for the agreed term and the rate on your bill is the same every month.
  • If your place of consumption has been switched to remote reading and you have chosen the Exchange or Combined package with an hourly rate, your electricity bill depends on how much electricity you consume every hour and what the exchange price is during that hour.

Universal service and balancing energy

The universal service or balancing energy is used by those consumers who have not signed a contract with any electricity seller. In such cases, electricity is sold by the network operator or their authorised electricity seller.

Universal service prices

  24-hour rate Day price Night price
 
prices c/kWh
The prices include the sales margin for the universal service